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Updated almost 6 years ago on . Most recent reply

User Stats

82
Posts
22
Votes
Megan Brooks
  • Rental Property Investor
  • Fort Lee, NJ
22
Votes |
82
Posts

Solo 401k through setting up property mgmt company

Megan Brooks
  • Rental Property Investor
  • Fort Lee, NJ
Posted

Hi guys,

Does anyone have any idea what a “reasonable” compensation is from my property mgmt company to pay myself to then take that money to invest in a solo 401k? I’ve heard conflicting ideas that that’s a good way to be able to use a solo 401k and then that it’s not? Can most/all of our rental income get paid out as income? How have others worked this that have used a property mgmt company to set up their solo 401k? Still doing my research...

Thanks!

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